Sunday, September 17, 2023 – 5:30 PM
Vienna, September 17 / WAM / The OPEC Fund for International Development agreed to provide 14 new financing, worth more than $150 million, for development projects in Africa, Asia, Latin America and the Caribbean, supporting infrastructure development in the areas of health, education, agriculture and water supply, and providing financing to companies. Small and medium sized.
Dr. Abdul Hamid Al Khalifa, Director General of the OPEC Fund, said in the statement issued by the Fund’s headquarters in the Austrian capital, Vienna, that the new financing package reaffirms the commitment to help solve pressing global challenges around the world, noting the Fund’s support for projects that promote development. sustainable development in partner countries; He said: The OPEC Fund is intensifying its efforts to provide targeted and effective support when it is most needed at a time of global fluctuations.
The statement stated that the Board of Directors of the OPEC Fund approved the granting of loans that contribute to financing development projects in various fields in eight countries, including Benin at a value of $25.5 million, Guatemala at $15 million, Liberia at $20 million, Rwanda at $21.2 million, Tajikistan at $8 million, and Uganda. $25 million, Zimbabwe $15 million, and a $20 million loan to Albania.
WAM correspondent – Austria
2023-09-17 13:31:33
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